Target Healthcare swaps to Sonia in loan refinancing

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Target Healthcare swaps to Sonia in loan refinancing

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Health visitor and a senior woman during home visit. A nurse talking to an elderly woman in an wheelchair. | Halfpoint - stock.adobe.com

Target Healthcare, a care home real estate investment trust, has renegotiated £170m of loans, with the borrower using risk free rates instead of Libor as a benchmark.

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